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will be highlighted. The relevant principles of legal and economic regulation applicable to the Nigerian gas …
Persistent link: https://www.econbiz.de/10014127602
In 1986, California passed legislation prohibiting the direct shipment of wine to its residents from another state unless the originating state allows California wineries to ship directly to that state's residents. The legislation's obvious intent was to break down other states' barriers to the...
Persistent link: https://www.econbiz.de/10014069165
We present a model of efficient regulation along the lines of Demsetz (1967). In this model, setting up and running … regulatory institutions takes a fixed cost, and therefore jurisdictions with larger populations affected by a given regulation … legislation and adopt particular laws earlier in their history. We also find that specific types of regulation, including the …
Persistent link: https://www.econbiz.de/10014073908
. Typically, new services are not subject to specific regulation, owing to the risk that this would discourage investment and … intervention to date, an equally valid response is to question the effectiveness of existing regulation. Both new entrants and … benefits for customers and reducing the need for regulation; to assess the impact of public policy on incentives to invest in …
Persistent link: https://www.econbiz.de/10014074756
provides an economic analysis of the regulation of fixed-to-mobile termination rates. Mobile party pays (MPP) creates better … market failure without the need to impose price regulation on otherwise competitive markets …
Persistent link: https://www.econbiz.de/10014074795
Since 1997, the U.S. government has attempted to use the World Trade Organization (WTO) agreement on telecommunications … services as a vehicle for exporting American principles of telecommunications regulation to other nations. The United States …
Persistent link: https://www.econbiz.de/10014034286
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm … compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …
Persistent link: https://www.econbiz.de/10013477197
in India. The Indian electricity regulation provides an opportunity to do comparative analysis of the approaches taken by …
Persistent link: https://www.econbiz.de/10013150025
We quantify firms' regulatory compliance costs from 2002 to 2014 in terms of their labor spending to adhere to government rules. Detailed establishment-level occupation data, in combination with occupation-specific task information, allow us to recover the share of an establishment's wage bill...
Persistent link: https://www.econbiz.de/10014255956
The shift to competition in utility generation is likely to generate "stranded investments," which are wealth transfers between investors and utility ratepayers. Stranded investments can take either of two forms: (1) "stranded costs" are a transfer from investors to ratepayers that occur when...
Persistent link: https://www.econbiz.de/10014087515